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Pine Road, New Southgate, N11

London

£490,000
Listed on 31/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
657 sqft

Description

Nestled in a serene residential enclave, this two-bedroom bungalow presents an exceptional opportunity for renovation and investment. With its convenient proximity to Brunswick Park's array of shops, restaurants, and green spaces, the property is ideally positioned for both lifestyle and potential growth. The bungalow features a spacious reception area filled with natural light, a modern kitchen equipped with essential appliances, and two comfortably sized bedrooms that offer ample living space. A contemporary bathroom complements the home's layout. The generous rear garden provides an inviting space for outdoor activities and entertaining, while off-street parking adds to the property's convenience. Notably, the loft space offers significant potential for expansion or repurposing, subject to planning permission. With double glazing and gas central heating already in place, essential updates can be made while preserving the home’s charm. This property is well-suited not only for first-time buyers and downsizers but also investors looking for a valuable asset in a desirable area. Its combination of location benefits and renovation possibilities makes it an intriguing option worth exploring further. An internal viewing is recommended to fully appreciate the opportunities this home has to offer.

Investment Analysis

(N11 area)

Above Market Value

This property is priced +32.4% above area average per sq ft

+32.4%
This Property
£746/sq ft
Area Average
£563/sq ft
Avg Rent (weekly)
£437
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£406,952
10% above area average per sq ft
Potential ROI
-20.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (N11)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -4.0%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on N11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Pine Road, New Southgate, N11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,767
Based on a loan of £367,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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